3M completes acquisition of Futuro health hosiery line

12/16/2008

ST. PAUL, Minn. 3M on Tuesday announced that it has completed its acquisition of the Futuro health supports and compression hosiery product line from Beiersdorf.

Terms of the transaction were not disclosed.

The acquisition marries two venerable brands in the first aid/sports support products space. Futuro’s complete line of therapeutic and sport supports—wraps, braces and elastic bandages—provide compression support and heat retention as well as stability to relieve symptoms associated with minor sprains, strains, arthritis and muscle pain.

Futuro’s compression hosiery products include therapeutic and anti-embolism stockings. Futuro health supports and Futuro compression hosiery products are sold through consumer channels, including drug stores, mass merchandisers and grocers in North America, and pharmacies internationally.

And 3M already has a number of high-performance products under its Nexcare brand to help people heal—from braces for the knee, wrist, ankle and back, to products for after surgery care, skin care and athletic wraps under its broad line of Nexcare branded bandage and first aid products.

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